News

Growing Taylor Lands Mixed-Use Project

Phoenix & Southwest + Apartment Buildings

Metropolitan Development Company (MDC) started construction on The Ferguson, a mixed-use residential and retail community space in the rapidly expanding city of Taylor.  Located at 1300 W. Second St., The Ferguson is the first and only condominium project in town, anchoring the city’s historic downtown at the heart of one of Central Texas’s fastest-growing markets. The Ferguson...

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Oakville Approves Four Towers And 1,191 Units Near Bronte GO

Canada + Apartment Buildings

Oakville council has approved four mixed-use towers and 1,191 homes beside Bronte GO Station, clearing the way for Northbridge Capital to redevelop an industrial property into a transit-oriented community. The development at 2172 Wyecroft Rd., on the south side of Wyecroft Road west of Third Line, will place two towers on each of two six-storey...

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Miami-Dade Public Agency Advancing $126.4M Affordable Housing Project

Florida & Gulf Coast + Apartment Buildings

The Housing Trust Group has been chosen by the Naranja Lakes Community Redevelopment Agency to move forward on a 328-unit affordable housing venture. If the vote goes as expected, the CRA will award the developer land and a $7 million loan in exchange for the development. The S. Florida Business Journal reports that this continues...

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Sherman Oaks Multifamily Trades to Xenon Investments

California & West + Apartment Buildings

Marcus & Millichap has finalized the sale of 4742 Sepulveda Blvd., a 21-unit multifamily property in Sherman Oaks. The property sold for $6.98 million, or $332,380 per unit. “Newer construction multifamily assets with minimal near-term capital requirements remain highly sought after in the San Fernando Valley,” said Sam Liberow, senior managing director investments. “The property generated multiple offers from investors who recognize today’s pricing...

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Belmora Apartments in Lakeview Launch Pre-Leasing

Chicago & Midwest + Apartment Buildings

Cross Street and Mavrek announced the start of pre-leasing at Belmora, a new boutique rental community located at 919 W. Belmont Ave. in Chicago’s Lakeview neighborhood. The first phase of the five-story mixed-use development will introduce 46 apartments and approximately 5,700 square feet of ground-floor retail space, anchored by Studio Three, a leading national boutique...

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JV of Affinius, Alliance Residential Divests NorCal Seniors Housing Duo

California & West

JLL’s Capital Markets group completed the sale of a two-property seniors housing portfolio totaling 545 units in San Jose and Roseville. Senior managing director Aaron Rosenzweig, along with senior director Dan Baker and analyst Sandis Seale represented the seller, a joint venture between Affinius Capital and Alliance Residential Company, and procured the buyer, a publicly traded...

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Core Spaces Delivers 6K Student Housing Beds Across Six Properties

Chicago & Midwest + Student Housing

Core Spaces announced the delivery of approximately 6,000 new student housing beds across six purpose-built student housing communities, completed ahead of schedule for the 2026 academic year. The new developments further expand Core’s growing national portfolio across university markets. “Six projects at this scale are a big moment for Core, but we’re just getting started,”...

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Torrington Plans Residential Conversion of Danvers Residence Inn

Boston & New England + Apartment Buildings

JLL Capital Markets arranged the $13.5-million sale and financing of the 96-room Residence Inn Boston North Shore/Danvers, an extended-stay hotel with approved conversion rights to an 88-unit multifamily residential community. The property is located at 51 Newbury St. in Danvers, MA, approximately 20 miles north of Boston. JLL represented the seller, an affiliate of PEG Companies, Inc....

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